Author: Mohamed Reehaan
Regional Airports Company Limited (RACL) on Sunday, January 7, has announced the appointment of its new board member. RACL appointed as a non-executive director Jameel Mohamed into the corporation’s board of directors. Prior to her appointment to RACL’s board, Jameel was the Food Quality Assurance Officer at the Maldives Food and Drug Authority (MFDA). She has also served in the health sector for an extended period.
You & Me Maldives under the Cocoon Collection has landed the prestigious Gold Circle Award 2023 by Agoda. The Gold Circle Awards is now celebrating its 10th year since inception. The brand recognizes and effectively awards exceptional hotel performance. The brand confers its awards by gauging customer reviews, services, excellence in pricing and affordability. Earlier, You & Me Maldives received the “Most Romantic Resort” title at the South Asian Travel Awards in 2023.
Minister of Health Dr. Abdulla Khaleel has promised, on behalf of his government, to put stronger efforts towards the development of Vilimale’. The minister said this at the ceremony held to launch sea ambulance services between Male’ City and Vilimale’. Besides service introduction, Minister Khaleel promised further improvements would be made to the service based on feedback and assessment. “We are currently in the design phase of the 100-bed tertiary hospital, and without much delay, the people of Vilimale’ would see these promises being realized,” the minister said. The minister also pledged to continue efforts in health sector development in…
The Maldives Islamic Bank (MIB) has launched an Instant Visa Debit Card allowing customers with the ease of immediate activation by linking it to customer accounts. MIB said that the card was introduced towards ease of service to customers. The newly introduced Instant Visa card offers easy linking to customer accounts through an online account opening service. Customers can easily activate the card by scanning the provided QR code. The card has been made available from MIB branches and sales centers.
The Maldives Association of Yacht Agents (MAYA) has said that the new regulations have provided temporary solution to bring cruise lines and yachts to the Maldives. The association expressed concern about the imposition of GST on individual rooms of cruise lines under the regulations government the movement and berthing of tourist vessels arriving from abroad. The regulation was put in place by the former government. Due to this new regulation, cruise liners began to opt for other, cheaper destinations instead of the Maldives. Following Minister of Tourism Ibrahim Faisal’s commitment in finding a proper solution, the ministry issued regulations mandating…
The Ministry of Finance said that the cessation of state budget would not impact cashflow of the government, if it has regular access to loan facilities and generate projected revenue as per the state budget for 2024. The current administration led by President Dr. Mohamed Muizzu has terminated the process of printing money, or otherwise known as the overdraft from public bank accounts. The practice commenced earlier in Covid-19 pandemic to adjust for depleting state cashflow and its management amid the crisis. Government’s overdraft for the past three years have reached MVR 8.2 billion, with majority of this directed towards…
Minister of State for Higher Education Mariyam Fizana has been appointed as the new CEO of the Maldives Qualification Authority (MQA). Previously, the position was held by Dr. Abdul Hannaan. The new CEO’s appointment was confirmed by the Ministry of Higher Education, Labour and Skills Developmend via X. Fizana previously served as the Director General of MQA, and also served as the Dean of the Faculty of Education of the Maldives National University (MNU) from 2017 to 2021.
The Maldives government has decided to establish a designated company to promote re-exportation and transshipment, thereby introducing the third major economic sector to the country. The decision was made following discussions held at the recent cabinet meeting. Minister of Economic Development and Trade Mohamed Saeed has since affirmed the government’s commitment towards formation of said company, which would be named Maldives Industrial Development Free Zone. Minister Saeed, via X, outlined the company’s focus would be on safeguarding the economic stability of the Maldives, and promoting a value-added economy, and engaging in transshipment activities, as well as facilitating re-exportation. The company…
Maldives President Dr. Mohamed Muizzu has ratified the Industrial Relations Bill on Monday, January 02, 2024. The bill was passed by the parliament at the 37th sitting of its third session held on Monday, December 18, 2023. The bill outlines activities promoting the exercise of constitutional rights including the right to form trade unions and participation in, or abstinence from their activities and the parameters for such rights. The bill further specifies the procedures in creating employee and employer trade unions, the procedures on resolving disputes between the said parties and other trade union-related details. Under the newly ratified bill,…
Maldives has welcomed its first tourist of the year early on Monday morning, January 1, 2024. The Ministry of Tourism has announced an annual tourist arrival target of two million for the new year. The first tourist to land in the Maldives in 2024 was Duncan Moore, a UK citizen, which also marks his first-ever visit to the island nation. Minister of Tourism Ibrahim Faisal along with senior officials of the ministry welcomed Moore at Velana International Airport (VIA) on Monday early morning.